Banking

The latest banking stories from Egypt and across the globe, by the Daily News Egypt banking team, including global insight and commentary on the top issues concerning this sector.
Latest Banking News

EGBANK signs $20m loan agreement to finance SMEs

The European Investment Bank is to finance the loan that will be…

Elsayed Solyman

Pound flotation posed challenges for banks’ financial positions in 2016: Business News Index

SAIB, Audi, NBE recorded the lowest ratios of unregulated loans portfolios

Samira Saeed

Banks offering e-services have best retail banking: Business News index

Limited growth in retail banking portfolios of major banks due to the…

Daily News Egypt

Ambiguity surrounding CBE’s decision on interest rate in Sunday’s meeting

IMF confirms that using interest rate is the right tool to face…

Hossam Mounir

Good performance indexes in banks by end of January: CBE

EGP 67.2bn increase in volume of deposits, EGP 52.8bn in loans

Hossam Mounir

Credit Agricole not considering leaving Egyptian market

We have launched our activities in the Egyptian market 10 years ago…

Hossam Mounir

CBE completes new Banking Law draft, sends it to FEB for review

Foreign exchange shortage is over as Egypt collected $45bn since flotation, says…

Hossam Mounir

Attijariwafa Bank aims to become one of Egypt’s 10 biggest banks in 7 years

Flotation does not worry us, as we expected the move but did…

Hossam Mounir

ADIB opens free bank account to contribute to financial inclusion in Egypt

36 of ADIB-Egypt’s 70 branches are located outside Cairo and Alexandria

Daily News Egypt